Displaying items by tag: BP

21st June 2010

Sailing Sojourn by BP Oil Boss Not So Slick

The Chief Executive of beleaguered oil giant BP has copped an unmerciful bashing in the press for taking the weekend off to sail the Round the Island Race around the Isle of Wight.

Tony Hayward is a part owner of the Farr 52 'Bob', formerly Bear of Britain, which finished fourth in Class Zero. News sites, blogs and the internet lit up with criticism of Hayward for hob-nobbing with 'millionaire yacht owners' in the Solent while BP's broken rig continued to spew oil into the Gulf of Mexico, with no end to the crisis yet in sight.

His participation even drew comment from the White House Chief of Staff, Rahm Emanuel, who said: "I think we can all conclude that Tony Hayward is not going to have a second career in PR consulting. This has just been part of a long line of PR gaffes and mistakes."

To see the depth of the ire, simply Google 'BP CEO Sailing' and take your pick...

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About the Loughs Agency

The Loughs Agency is a governmental body established under the 1998 Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of Ireland. The Agency's goal is to provide sustainable social, economic, and environmental benefits by effectively conserving, managing, promoting, and developing the fisheries and marine resources of the Foyle and Carlingford areas.

The Agency's governing legislation confers several specific functions, including the promotion of development of Lough Foyle and Carlingford Lough for commercial and recreational purposes in respect of marine, fishery, and aquaculture matters. Moreover, the Agency is responsible for managing, conserving, protecting, improving, and developing the inland fisheries of the Foyle and Carlingford areas. Additionally, the Agency has the task of developing and licensing aquaculture, as well as the development of marine tourism.

The Loughs Agency reports to the North South Ministerial Council and its government Sponsor Departments, the Department of Agriculture, Environment and Rural Affairs (DAERA) in Northern Ireland, and the Department of the Environment, Climate, and Communications (DECC) in Ireland. The Departments fund the Agency on an equal basis.

The Loughs Agency's focus on sustainable development is expected to have a positive impact on the economy, environment, and local communities in the Foyle and Carlingford areas. The Agency's efforts to conserve and enhance the region's marine resources, including fisheries and aquaculture, are expected to benefit local communities, promote tourism, and contribute to economic growth.

In conclusion, the Loughs Agency plays a vital role in promoting the sustainable social, economic, and environmental development of the Foyle and Carlingford areas. Its work on marine conservation and development is crucial in ensuring the long-term viability of the region's natural resources and in promoting sustainable economic growth.